Definition from Wiktionary, the free dictionary
whipsaw (plural whipsaws)
- to operate a whipsaw
- to lose potential profit by buying shares just before the price falls, or by selling them just before the price rises
- to defeat someone in two different ways at once
2014 November 1, Peter Baker & Michael D. Shear, “Braced for a shift in Congress, Obama is setting a new agenda [print version: Obama plots a route for compromise after election, International New York Times, 3 November 2014, p. 1]”, in The New York Times:
- Whipsawed by events and facing another midterm electoral defeat, President Obama has directed his team to forge a policy agenda to regain momentum for his final two years in office even as some advisers urge that he rethink the way he governs.